Rule 1
Official assessed value is multiplied by the fair market value ratio.
Property Tax Calculator
Calculate property tax and comprehensive real estate tax based on assessed value in Korea.
Property Tax Calculator
Asset Ownership Analytics
Estimate property and local education taxes based on official value.
60%
Total Property Tax
₩1,476,000
Base Tax
₩810,000
Urban Tax
₩504,000
Education Tax
₩162,000
* Based on general tax rates without special exemptions.
Property tax is country-specific
This page estimates property tax under Korea rules. Because brackets, deductions, and social contributions are country-specific and can change yearly, use the result as a planning estimate before filing.
Core calculation rules
Rule 2
Uses 0.1%, 0.15%, 0.25%, and 0.4% property tax bands.
Rule 3
Adds 0.14% urban area tax and 20% local education tax.
How to use
- Enter the required amounts and conditions.
- Review the tax, deduction, and contribution lines separately.
- Compare with current official rules before filing, paying, or making a decision.
Frequently asked questions
Which country does this calculator use?
It uses Korea rules. Do not apply it directly to another country’s tax, deduction, or social insurance system.
Why can the final amount differ?
One-home relief, tax burden caps, comprehensive real estate tax, and local reductions are limited or not reflected.
Do the rules change every year?
Yes. Tax rates, deduction limits, and social contribution rates can change each year. Confirm the current-year rules before filing or paying.
This is a general estimate. Confirm the final amount with the tax authority or a tax professional.